Reported about 21 hours ago
The stock market experienced mixed results as the Dow Jones Industrial Average rose over 450 points and the S&P 500 gained 0.5%, following strong earnings from Nvidia, while the Nasdaq Composite struggled due to a sharp decline in Alphabet's shares after a Department of Justice proposal aimed at breaking up Google. Nvidia's quarterly report showed strong profits but cautioned about a slowdown in revenue growth, prompting a cautious outlook. Meanwhile, Bitcoin made headlines by nearing the $100,000 mark after the announcement of SEC Chair Gary Gensler's upcoming resignation, raising hopes for a more crypto-friendly regulatory environment.
Source: YAHOO